Phase II Drill Program At The Hercules Gold Project


VANCOUVER - Eclipse Gold Mining Corporation reported that it will commence the next phase of drilling at its Hercules Gold Project in Nevada's Walker Lane trend.

The Company has secured a drill rig and begun mobilization for its Phase Two drill program. Drilling will commence and is planned to include up to 18 reverse circulation holes, totaling approximately 6,750 meters.

Warwick Board, Vice President of Exploration, said, "With our new geophysical data refining the geological model of the Hercules Gold system we are excited to begin this phase of drilling, testing high priority targets on the property. The new data indicates that the Hercules system may be a large-scale epithermal gold system where only the outer edges have been tested by drilling to date."

Eclipse is the first to aggregate data and look at Hercules through a district-scale lens using a systematic, science-focused approach. The Company has created an 85-square-kilometers, district-scale land package, through claim-staking and ownership consolidation, that is known to host a low-sulphidation epithermal gold-silver system of undefined size.

Recent drilling has highlighted the strength and continuity of the mineralized system at Hercules, intersecting broad intervals of near-surface oxide gold-silver mineralization in all target areas tested to date, some greater than 50 meters. Results from a recent ground IP survey identified a new "Hercules Structural Zone," a potential feeder structure, that extends more than 2,000 meters along strike, and remains open for expansion. Of note, Phase One drilling has shown an apparent increase in thickness and grade of mineralization of the low sulphidation epithermal gold-silver system to the south, indicating the property-wide system could be larger than previously imagined.

This Phase II program may be further refined based on the results of the Helicopter based EM survey that is currently being completed, as previously reported.

The Company is pleased to report it has purchased two patented claims within the Hercules land package. The acquisition further consolidates ownership of this prospective district and will allow for more effective exploration in the Sirens target area, where historic drill hole BR0806 returned 38 meters of 0.64 g/t gold and ended in mineralization.